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An update from Mitsui & Co ( (JP:8031) ) is now available.
Mitsui & Co., Ltd. has announced a capital increase in its wholly owned subsidiaries to facilitate the acquisition of an interest in the Rhodes Ridge iron ore project in Australia. This strategic move, expected to be completed by March 2026, positions Mitsui to strengthen its foothold in the iron ore industry, with the financial impact already accounted for in its business plan.
The most recent analyst rating on (JP:8031) stock is a Hold with a Yen3500.00 price target. To see the full list of analyst forecasts on Mitsui & Co stock, see the JP:8031 Stock Forecast page.
More about Mitsui & Co
Mitsui & Co., Ltd. is a Japanese company based in Tokyo, primarily involved in the iron ore industry. It engages in investments and management of companies within the iron ore sector, with a significant market focus on projects in Australia.
YTD Price Performance: -9.78%
Average Trading Volume: 7,037,290
Technical Sentiment Signal: Buy
Current Market Cap: Yen8384B
For detailed information about 8031 stock, go to TipRanks’ Stock Analysis page.